Category: IC01 PRINCIPLES OF INSURANCE – 10

Que. 1 : Q1) Statement A : An ACTUARY DECIDES WHETHER TO ACCEPT THE RISK AND IF SO AT WHAT PREMIUM RATE? Statement B : An ACTUARY MAKE PERIODIC VALUATIONS OF THE FUNDS AND RESERVES OF LIFE INSURERS. Statement C : An ACTUARY CHECKS PREMIUM RESERVE IN RELATION TO INSURERS CLAIMS EXPERIENCE.    1.  a) Statement A,B,C are […]